Joseph E. Stiglitz received his Ph.D from MIT in 1967, became a full professor at Yale in 1970, and in 1979 was awarded the prestigious John Bates Clark Award. He has taught at Princeton, Stanford, and MIT and was the Drummond Professor and a fellow of All Souls College, Oxford. He is now University Professor at Columbia University and Chair of Columbia University's Committee on Global Thought. He co-founded and directs the Initiative for Policy Dialogue at Columbia. In 2001, he was awarded the Nobel Prize in Economics for his analyses of markets with asymmetric information, and he was a lead author of the 1995 Report of the Intergovernmental Panel on Climate Change, which shared the 2007 Nobel Peace Prize.
Stiglitz was a member of the Council of Economic Advisers from 1993-95, during the Clinton administration, and served as CEA chairman from 1995–97. He then became Chief Economist and Senior Vice-President of the World Bank from 1997–2000.
In addition to writing widely used textbooks, Stiglitz founded The Journal of Economic Perspectives.
His latest book, The Price of Inequality: How Today’s Divided Society Endangers Our Future, was published by W,W, Norton & Company in June 2012.